Ross Stores reported earnings per share of $1.56 for the second quarter of 2025, with a net income of $508 million.
Total sales for the quarter reached $5.5 billion, showing a 5% increase from the same period in 2024.
The company's comparable store sales rose by 2% compared to the previous year.
Earnings Performance
Earnings per share for the six months ended August 2, 2025, were $3.03, with a net income of $987 million, slightly down from the same period in 2024.
Shareholder Payouts
Ross Stores repurchased 1.9 million shares of common stock for $262 million in the second quarter of fiscal 2025.
Fiscal 2025 Guidance
The company anticipates earnings per share for the 52 weeks ending January 31, 2026, to be in the range of $6.08 to $6.21, factoring in uncertainties in the macroeconomic environment and trade policies.
- The company's operating margin decreased by 95 basis points to 11.5% in the second quarter, primarily due to tariff-related costs.
- Ross Stores remains cautiously optimistic about its business outlook for the remainder of fiscal 2025, citing macroeconomic uncertainties and potential impacts from announced tariffs.
Ross Stores is closely monitoring the evolving macroeconomic and geopolitical landscape and aims to maintain its competitive edge by offering value-driven merchandise to capture market share.